Samvardhana Motherson Group

The much-awaited announcement of Tesla's India entry will likely happen on April 22, after a meeting between Prime Minister Narendra Modi and billionaire Elon Musk, said a senior government official.

SMR margins weakened due to changes in accounting std: Motherson

Vivek Chaand Sehgal, Chairman of Motherson Sumi Systems, said that there‘s no slowdown as far as SMR is concerned. The changes adopted for accounting standards make SMR‘s margins look optically weak on quarterly basis, but they‘re still healthy margins, he said.

Motherson Sumi Q1 profit, revenue up over 15%; debt jumps 29%

Motherson Sumi said net debt increased by 7.7 percent to Rs 4,632 crore at the end of June 2016 from Rs 4,301 crore in March quarter as SMRP BV raised 5.5 years bonds of USD 300 million at 4.875% per annum in June.

Motherson raises $100 mn from overseas bond sale

The 5.5-year US dollar bond issue by Samvardhana Motherson Group has received an order book of USD 400 million against the USD 100 million on offer, helping the Noida-based company price the issue at lower 4.44 percent coupon, against the initial guidance of 4.5 percent, a merchant banking source told PTI.

Motherson Sumi records highest ever nos in Q3, net up 142%

Consolidated net profit jumped 2.4 times to Rs 249.6 crore, aided by forex gain and strong operational performance. Total income from operations grew 20 percent to Rs 7,988.7 crore compared to a year ago period.

VC Sehgal: We entrepreneurs are bit insecure, so we control

Samvardhana Motherson Group's VC Sehgal says it is a mistake building a business solely with the idea that your children can inherit it

Motherson Sumi Systems Q4 cons PAT at Rs 196cr

Motherson Sumi Systems Limited reported 4 percent growth in net sales at Rs 6,599 crore against Rs 6,368 crore, in the same quarter last year.

How Motherson Sumi became giant auto parts manufacturer

Ashish K Mishra reports how Motherson Sumi became giant auto parts manufacturer. From a non-descript business, Vivek Chand Sehgal has set up one of the top automotive parts companies in the world.